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Strategies & Market Trends : The coming US dollar crisis

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To: John who wrote (33538)12/15/2010 9:15:21 PM
From: Giordano Bruno1 Recommendation  Read Replies (1) of 71456
 
We have to pay attention being printer challenged.

Consumer credit in October was revised from a previously reported $3.5 billion decline, and the forecast for November was based on the median of 32 estimates in a Bloomberg News survey. Projections ranged from decreases of $2 billion to $10 billion. Credit dropped at an 8.5 percent annual rate in November.

Revolving debt, such as credit cards, plunged by a record $13.7 billion in November, the Fed’s statistics showed. Non- revolving debt, including loans for autos and mobile homes, declined by $3.8 billion.

noir.bloomberg.com
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